New studies show that the expectation of future climate risk effects the current behavior of lenders and CRT can be used to estimate the true cost of hurricane risk.
Ginnie Mae signed a memorandum of understanding with South Korea’s state-owned government-sponsored enterprise to remove barriers to investments in housing.
Bank of Hope anticipates three-year earn-back period following sale of low-yielding MBS; Figure touts strong demand for HELOC securitization; Wells transferring some non-agency MBS servicing to Shellpoint; Hooters whole-business securitization downgraded again.
Ginnie Mae saw the biggest gain in rate-term refinance volume in May, but Freddie Mac and Fannie Mae posted larger increases in overall single-family MBS issuance. (Includes two data tables.)
In the wake of Trump’s social media posts pledging to retain the implicit guarantee for GSE MBS, industry analysts see signs for support for the administration’s plans for GSE reform.
Two Harbors booked a nearly $200 million contingency liability after a court ruled that the REIT improperly ended a contract with its one-time external manager.